X0306 4 2018-03-02 0 0001180262 HERBALIFE LTD. HLF 0001513887 Montesino Ibelis 800 W. OLYMPIC BLVD., SUITE 406 LOS ANGELES CA 90015 0 1 0 0 SVP/Managing Dir North America Common Stock 2018-03-02 4 M 0 19576 30.44 A 32177 D Common Stock 2018-03-02 4 D 0 6292 94.72 D 25885 D Common Stock 2018-03-02 4 F 0 5032 94.72 D 20853 D Common Stock 2018-03-02 4 S 0 7967 93.02 D 12886 D Common Stock 2018-03-06 4 S 0 8252 94.63 D 4634 D Stock Appreciation Rights 30.44 2018-03-02 4 M 0 19576 0.00 D 2018-03-02 2025-03-02 Common Stock 19576 0 D The reporting person received 8,252 shares of common stock upon the net exercise of the 19,576 SARs. The reporting person forfeited 6,292 shares of common stock underlying the SARs in payment of the exercise price and 5,032 shares of common stock underlying the SARs to satisfy the withholding tax obligation resulting from the exercise, using the closing stock price on March 2, 2018 of $94.72. This transaction was executed in multiple trades at prices ranging from $92.89 to $93.18. The price reported reflects the weighted average sale price of $93.02. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $94.50 to $94.95. The price reported reflects the weighted average sale price of $94.63. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. /s/ Eileen Uy, Attorney-in-Fact for Ibelis Monetsino 2018-03-06